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MGMT 254 Actual Questions and Correct Answers

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MGMT 254 Actual Questions and Correct Answers

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MGMT 254 Actual Questions and Correct Answers



Q1
A state supreme court hears every case a party appeals to it.
Answer: False




Q2
Equity steps in to fill the gaps and provide justice when the law is inadequate.
Answer: True




Q3
Arbitration is a dispute making process that occurs in a court of law.
Answer: False




Q4
Procedural law delineates the steps that must be adhered to when enforcing rights and
liabilities.
Answer: True




Q5
When the parties opt to mediate to settle disputes, the losing party generally can appeal from
such mediation to a court.
Answer: True




Q6
Uniform state laws were adopted by individual states after being written by Congress
Answer: False




Q7
A judge rules on the admissibility of evidence presented in the trial.
Answer: True

, Q8
The time-honored rules that courts used to solve similar problems for hundreds of years or
decades is called precedent.
Answer: False




Q9
Administrators can create regulations that have the force of law.
Answer: True




Q10
Daniel asserts he had a legal right. Daniel is really saying he has an obligation to perform or
refrain from performing an act.
Answer: False




Q11
In the US, money is the default remedy in many civil disputes. However, when the law does not
offer an adequate remedy through money, is a body of law that provides justice.
Answer: Equity




Q12
You are not protected from unreasonable searches by the right to privacy in which of the
following scenarios:
Answer: in the commission of a crime.




Q13
The right to privacy means that individuals
Answer: are protected against intrusions by individuals.




Q14
The Securities Exchange Commission (SEC) was created as part of an act of Congress. The SEC
creates:
Answer: administrative regulations.

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